Which type of question typically allows for a simple 'yes' or 'no' answer?

Prepare for the Fincert Certified Personal Financial Counselor (CPFC) Exam with flashcards and multiple-choice questions. Each question is complemented by hints and explanations. Get exam-ready today!

Closed-ended questions are structured to elicit a specific response, usually allowing for a straightforward 'yes' or 'no' answer. This type of question is effective for gathering clear, direct information without requiring elaboration or detail. For instance, asking someone if they have a savings account prompts a simple affirmative or negative response, facilitating quick and efficient communication.

In contrast, hypothetical questions often explore imagined scenarios and require more complex, nuanced responses. Open-ended questions invite detailed answers and encourage individuals to express their thoughts or feelings freely, leading to more elaborate discussions rather than simple affirmations. Follow-up questions typically seek clarification or additional information based on previous responses, often necessitating more than a binary answer. Thus, closed-ended questions are the most suitable choice for a simple affirmative or negative reply.

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